What Is Smart Realty?
Smart Reality is a blockchain-based project that has the aim of making it possible for anyone in the world to buy real estate or rent space with crypto coins. With this project, you will be able to convert your Ethereum, Bitcoin, and other crypto coins into the RLTY tokens. These tokens can then be used on the platform to buy or rent real estate.
The developers of the project have the skills needed to make this project a reality. To realize their goals, the team chose the ethereum blockchain to power their platform; the tokens used here are based on the ERC20 standard and will be used to power all transactions.
What Problems Does Smart Realty Seek To Solve?
One of the immediate solutions Smart Realty offers is the lower transaction fees. This is because contracts will be executed between individuals without the need for legal counsel. Besides that, it will help to clear up the legal issues around the agreements. Most rental and lease agreements are usually subject to dispute over meanings and obligations of the tenants and landlords.
No matter where in the world you go, you will find tenants and landlords in dispute. There are always cases in court of people trying to haggle over these issues. However, SMARTReality believes that with their platform, these issues can be extinguished. Even if they will not be able to get rid of contract dispute entirely, they believe they can significantly cut them down. Besides that, they believe that they can reduce the time and effort needed to settle such disputes. This will be made possible via the use of smart contract technology.
Smart Reality Real Estate Smart Contracts Platform Is Unstoppable
Everyone by now realizes that there is a digital revolution in some form. This is creating a huge opportunity for how we trade with others. Crypto coins are perfectly positioned to change how we interact with others forever. Combined with smart contract technology, it could forever change how we record and enforce contractual agreements. The result is that long court battles will become history.
SMARTReality is aimed at ending dispute resolution in real estate. The good thing about these smart contracts is that they eliminate the chances of human error. The result is that the likelihood of fraud, corruption, and legal battles is reduced.+
Smart Realty RLTY ICO Details
Smart Realty uses a token compatible with the ERC-20 token based on the Ethereum blockchain. You can purchase RLTY tokens now through May while the company’s ICO is taking place. 1 RLTY = 0.0008 ETH.
Smart Realty Conclusion
According to current data, the global real estate sector is estimated to be worth about $2000 trillion. About seventeen percent of it is commercial while the rest is residential. On the residential real estate, owners occupy seventy-two percent while the rest is rented out. In the US alone, there are 112 million people living in rentals owned by about 23 million landlords. This number is projected to continue growing in coming years. The sale of single-family homes has also been on the rise. As all these transactions continue to increase, there is no doubt there is going to arise some disputes. Luckily, the creators of Smart Realty are visionaries. If this project is widely adopted, it will help to ensure all transactions take place smoothly.
FOR MORE INFORMATION VISIT US HERE:
Website: http://www.smartrealty.io/
Twitter: https://twitter.com/rltytoken
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